Monthly Archives: January 2017
Investors Say no to GMOs?
(Harvest) The Wall Street Journal recapped the huge outflow in assets under management at Grantham Mayo Van Otterloo & Co (GMO) which probably best known for Co-Founder and CIO Jeremy Grantham and to a lesser extent commentaries by Ben Inker. […]
Citadel Securities Paying $22 Million for Misleading Clients About Pricing Trades
(HedgeCo.Net)— The Securities and Exchange Commission has announced that Citadel Securities LLC has agreed to pay $22.6 million to settle charges that its business unit handling retail customer orders from other brokerage firms made misleading statements to them about the […]
BNY Mellon Settles Charges Stemming From Miscalculations of Regulatory Capital Figures
(HedgeCo.Net) The Securities and Exchange Commission has announced that BNY Mellon has agreed to pay a $6.6 million penalty to settle charges stemming from miscalculations of its risk-based capital ratios and risk-weighted assets reported to investors. An SEC investigation found […]
Macro and CTAs outperform as the Dollar climbs higher, says Lyxor
(HedgeWeek) The last month of 2016 saw risk assets climbing higher, as part of expectations that the new US administration will remove barriers to growth and investment. To read this article:
An industry in crisis’: Hedge funds bleed $100 billion in 2016
(CNBC) Hedge funds saw their biggest loss of investor cash since the bull market in stocks began, even though the industry turned in its strongest performance in three years. In all, hedge fund clients pulled $106 billion, the biggest exodus […]
Oil Rig Count Slips, Hedge Funds Maintain Long Positions
(Yahoo Finance) In the week ended January 13, 2017, the number of rigs drilling for oil in the United States totaled 522, down by seven compared with the prior week and up seven compared with a total of 515 a […]
SS&C GlobeOp Hedge Fund Performance Index Up 1.29% in December
(FinAlternatives) Hedge fund performance continued for the second straight month in December, according to new data from administrator SS&C GlobeOp, while asset flows were negatively impacted by seasonal factors. To read this article:
Upside For BlackRock In Trump’s U.S. Infrastructure Plans
(FinAlternatives) BlackRock CEO Larry Fink, whose firm has built a sizable presence in infrastructure-related investments, is optimistic about the potential for a $1 trillion infrastructure plan under incoming U.S. president Donald Trump’s administration. To read this article:
BofAML: Bond Fund Inflows Hit 3-Month High as Trump Trade Fades
(FinAlternatives) Bond funds saw almost $8 billion of inflows over the last week, according to new data from Bank of America Merrill Lynch, the biggest cash inflow in three months and the latest sign that the trades piled on after […]
China Sovereign Wealth Fund CIC Plans More U.S. Investments
(Reuters) China Investment Corporation (CIC), the country’s sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity […]
2016 Hedge Fund Industry Recap – H1
(Preqin) In this two-part series we take a look at issues that have impacted fund performance, headline investor news and how hedge fund assets have transformed over this period. January: The S&P 500 Index experienced its worst 10-day start to […]
Cohen’s Fund Returned a Measly 1% Last Year
(Bloomberg) Steve Cohen’s Point72 Asset Management returned about 1 percent in 2016, the second-worst annual performance ever for the billionaire investor, according to people familiar with the returns…. To read this article: